EPISODE · May 3, 2023 · 9 MIN
Ryder’s Loyalty Incentive Program and Earnings from E2Open
from FreightWaves NOW · host FreightWaves
John Kingston - Editor At Large - FreightWaves - Carle Place, NY Topic: Ryder’s Loyalty Incentive Program and Earnings from E2Open This is an interesting incentive program, how does it work? And it’s not based on how many dollars a customer spends with Ryder… They also had their earnings release - with their Fleet Management Systems still bringing in the lion’s share of revenue, but more growth from other areas…. Topic: E2Open Earnings E2Open had an interesting call where their earnings were not significantly down, but the outlook was. Are they in trouble after reporting they lost $720 Million last fiscal year? “In its forecast for fiscal 2024, which began March 1, e2Open forecast that subscription revenue measured by GAAP standards would be $545 million to $555 million, an increase of 3.2% from the full-year 2023 figure of $532.9 million. That percentage increase compares to the more than 58% figure for fiscal 2023 compared to 2022 and is well below even the 18.2% increase in subscription revenue posted for the fourth quarter.” Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
John Kingston - Editor At Large - FreightWaves - Carle Place, NY Topic: Ryder’s Loyalty Incentive Program and Earnings from E2Open This is an interesting incentive program, how does it work? And it’s not based on how many dollars a customer spends with Ryder… They also had their earnings release - with their Fleet Management Systems still bringing in the lion’s share of revenue, but more growth from other areas…. Topic: E2Open Earnings E2Open had an interesting call where their earnings were not significantly down, but the outlook was. Are they in trouble after reporting they lost $720 Million last fiscal year? “In its forecast for fiscal 2024, which began March 1, e2Open forecast that subscription revenue measured by GAAP standards would be $545 million to $555 million, an increase of 3.2% from the full-year 2023 figure of $532.9 million. That percentage increase compares to the more than 58% figure for fiscal 2023 compared to 2022 and is well below even the 18.2% increase in subscription revenue posted for the fourth quarter.” Learn more about your ad choices. Visit megaphone.fm/adchoices
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Ryder’s Loyalty Incentive Program and Earnings from E2Open
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